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CORRECTED-UPDATE 2-Hochschild Mining swings to net cash, shares among top FTSE-250 gainers

Ends 2020 with $21.6 million in net cash position
Co maintains 2021 production targets
Stock biggest gainer on the FTSE 250 index
Full year core earnings drops 21%
Feb 18 (Reuters) - Hochschild Mining on Thursday said a boost from higher metal prices helped it to a net cash position for the first time in eight years, driving its shares up nearly 6% though full-year core earnings dropped on pandemic-driven disruptions.
The precious metals miner said its average realised prices for gold rose 28% in 2020 as the coronavirus crisis spurred investors to buy into bullion’s relative safety. Spot gold jumped almost 25% last year, while silver prices gained 47.8%. ....

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UPDATE 1-Sika names insider Hasler as new CEO, posts profit beat

New CEO could accelerate emphasis on new product development
Operating profit beats forecasts
Expects faster sales growth in 2021 than 2020
Feb 19 (Reuters) - Sika named company veteran Thomas Hasler as its next chief executive on Friday, as the Swiss construction chemicals maker beat estimates for annual operating profit and forecast stronger sales growth in 2021, sending its shares up 2.7% premarket.
The 55-year-old Hasler, now head of Sika’s global business and industry division, will replace Paul Schuler who will retire at the end of April and join Sika’s board. Hasler’s appointment, effective May 1, could accelerate Sika’s innovation drive as he was chief technology officer in a previous role overseeing 20 R&D centres. ....

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CORRECTED-TC Energy profit rises 13% on higher earnings from natural gas pipelines

TC Energy Corp reported a 13.4% rise in fourth-quarter comparable profit on Thursday, helped by higher income from its U.S. and Canadian natural gas pipelines. ....

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CORRECTED-Oil storage firm Vopak Q4 core profit misses market expectations

Dutch oil and chemical storage company Vopak's fourth-quarter core profit missed market expectations on Wednesday, due in part to a one-off negative accounting result at its associate terminal PT2SB in Malaysia. ....

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